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To: Looking for Diogenes
the government's share of the Elk Hills field in California - was offered for commercial sale

PET-4, as it was called when I arrived up here would imply PET-1, PET-2, PET-3 and who knows how many other PETs. If they will need this one in time of war, though, it would have to be a tough war, because it would take a very long time to start getting the oil out.

35 posted on 08/01/2002 4:11:32 PM PDT by RightWhale
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To: RightWhale
If they will need this one in time of war, though, it would have to be a tough war, because it would take a very long time to start getting the oil out.

That may have been a factor in the decision to sell or transfer them. The navy no longer steams on 'bunker fuel,' essentialy crude oil. It requires refined products.

37 posted on 08/01/2002 4:22:51 PM PDT by Looking for Diogenes
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